Tag: Bitcoin price Analysis

Out of nowhere, Bitcoin price shot up by more than 10% and recorded almost $700 in gains in just the past 24 hours. During this sudden price rally, more than $20 billion flooded into the crypto market. After hovering around the $250 billion for 7 days and around the $270 billion for 2 days, total […]

Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange in terms of trading volumes, said that the recent decline in Bitcoin’s price is classically normal. Bitcoin, the world’s largest cryptocurrency by market capitalization, has recently reached its’ three-month low. At press time, Bitcoin is trading at the $6,400 level according to CoinMarketCap. Despite the […]

After the crypto bloodbath that happened during the month of May, Bitcoin is seeing a decent comeback after plummeting back to the $7,000 level, forming a triple bottom. As of the time of writing, Bitcoin is trading at the $7,600 level and is looking to move forward on a strong uptrend in the coming days. […]

The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful bounce off the support line. From June 2015 to March 2017, Bitcoin managed to record […]

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The United States Securities and Exchange Commission has continued its in-depth assessment of Initial coin offerings (ICOs) with the body reaching a settlement on two crypto startups. Initial coin offerings (ICOs), may be important platforms for crypto projects to raise funds, but these platforms must also operate in accordance with the regulatory requirements spelled out […]

Oil industry giants BP and Shell are among a group of business entities plotting the launch of a Blockchain platform that will automate post-trade processes in the energy industry this year. This news was revealed by VAKT Global, a consortium that is building the platform, at a digital commodities summit hosted by S&P Global Platts […]

Even though it didn’t appear so in the first days of the month, the last week was marked in a bloodbath for all major cryptos as even Bitcoin and Ethereum touched their new lows for the year 2018. In the market craze of negative trends that marked the week between November 12th and November 18th, […]

Bosch, an electronic manufacturing giant has partnered with IOTA in a bid to integrate its new data collection internet of things (IoT) device with the decentralized IOTA Data Marketplace. This is according to a tweet made by a Bosch representative on November the 12th. The IOTA marketplace is a data marketplace where various interested parties […]

Bitcoin Cash previously announced a hard fork due to the crucial disagreements between the visions of two different teams taking care of Bitcoin Cash since it was originally forked out of Bitcoin (BTC) chain. The two teams, Bitcoin ABC and Bitcoin SV decided to split, which resulted in splitting the chain in two as well, […]

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